HIGHTECH PAYMENT Stock Forecast - Simple Exponential Smoothing

HPS Stock   549.80  19.80  3.74%   
The Simple Exponential Smoothing forecasted value of HIGHTECH PAYMENT SYSTEMS on the next trading day is expected to be 549.80 with a mean absolute deviation of 6.07 and the sum of the absolute errors of 370.20. Investors can use prediction functions to forecast HIGHTECH PAYMENT's stock prices and determine the direction of HIGHTECH PAYMENT SYSTEMS's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of HIGHTECH PAYMENT's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At the present time the value of rsi of HIGHTECH PAYMENT's share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of HIGHTECH PAYMENT's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with HIGHTECH PAYMENT SYSTEMS, which may create opportunities for some arbitrage if properly timed.
Using HIGHTECH PAYMENT hype-based prediction, you can estimate the value of HIGHTECH PAYMENT SYSTEMS from the perspective of HIGHTECH PAYMENT response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of HIGHTECH PAYMENT SYSTEMS on the next trading day is expected to be 549.80 with a mean absolute deviation of 6.07 and the sum of the absolute errors of 370.20.

HIGHTECH PAYMENT after-hype prediction price

    
  MAD 549.8  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

HIGHTECH PAYMENT Additional Predictive Modules

Most predictive techniques to examine HIGHTECH price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for HIGHTECH using various technical indicators. When you analyze HIGHTECH charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
HIGHTECH PAYMENT simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for HIGHTECH PAYMENT SYSTEMS are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as HIGHTECH PAYMENT SYSTEMS prices get older.

HIGHTECH PAYMENT Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of HIGHTECH PAYMENT SYSTEMS on the next trading day is expected to be 549.80 with a mean absolute deviation of 6.07, mean absolute percentage error of 76.39, and the sum of the absolute errors of 370.20.
Please note that although there have been many attempts to predict HIGHTECH Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that HIGHTECH PAYMENT's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

HIGHTECH PAYMENT Stock Forecast Pattern

HIGHTECH PAYMENT Forecasted Value

In the context of forecasting HIGHTECH PAYMENT's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. HIGHTECH PAYMENT's downside and upside margins for the forecasting period are 548.19 and 551.41, respectively. We have considered HIGHTECH PAYMENT's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
549.80
548.19
Downside
549.80
Expected Value
551.41
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of HIGHTECH PAYMENT stock data series using in forecasting. Note that when a statistical model is used to represent HIGHTECH PAYMENT stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria122.4464
BiasArithmetic mean of the errors -0.3246
MADMean absolute deviation6.0689
MAPEMean absolute percentage error0.0111
SAESum of the absolute errors370.2
This simple exponential smoothing model begins by setting HIGHTECH PAYMENT SYSTEMS forecast for the second period equal to the observation of the first period. In other words, recent HIGHTECH PAYMENT observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for HIGHTECH PAYMENT

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HIGHTECH PAYMENT SYSTEMS. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

HIGHTECH PAYMENT Estimiated After-Hype Price Prediction Volatility

As far as predicting the price of HIGHTECH PAYMENT at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in HIGHTECH PAYMENT or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of HIGHTECH PAYMENT, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

HIGHTECH PAYMENT Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as HIGHTECH PAYMENT is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading HIGHTECH PAYMENT backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with HIGHTECH PAYMENT, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.06 
1.61
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
549.80
549.80
0.00 
0.00  
Notes

HIGHTECH PAYMENT Hype Timeline

HIGHTECH PAYMENT SYSTEMS is currently traded for 549.80on Casablanca Stock Exchange of Morocco. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. HIGHTECH is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.06%. %. The volatility of related hype on HIGHTECH PAYMENT is about 0.0%, with the expected price after the next announcement by competition of 549.80. Assuming the 90 days trading horizon the next projected press release will be in a few days.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

HIGHTECH PAYMENT Related Hype Analysis

Having access to credible news sources related to HIGHTECH PAYMENT's direct competition is more important than ever and may enhance your ability to predict HIGHTECH PAYMENT's future price movements. Getting to know how HIGHTECH PAYMENT's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how HIGHTECH PAYMENT may potentially react to the hype associated with one of its peers.

Other Forecasting Options for HIGHTECH PAYMENT

For every potential investor in HIGHTECH, whether a beginner or expert, HIGHTECH PAYMENT's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HIGHTECH Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HIGHTECH. Basic forecasting techniques help filter out the noise by identifying HIGHTECH PAYMENT's price trends.

HIGHTECH PAYMENT Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HIGHTECH PAYMENT stock to make a market-neutral strategy. Peer analysis of HIGHTECH PAYMENT could also be used in its relative valuation, which is a method of valuing HIGHTECH PAYMENT by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

HIGHTECH PAYMENT Market Strength Events

Market strength indicators help investors to evaluate how HIGHTECH PAYMENT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HIGHTECH PAYMENT shares will generate the highest return on investment. By undertsting and applying HIGHTECH PAYMENT stock market strength indicators, traders can identify HIGHTECH PAYMENT SYSTEMS entry and exit signals to maximize returns.

HIGHTECH PAYMENT Risk Indicators

The analysis of HIGHTECH PAYMENT's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in HIGHTECH PAYMENT's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hightech stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for HIGHTECH PAYMENT

The number of cover stories for HIGHTECH PAYMENT depends on current market conditions and HIGHTECH PAYMENT's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that HIGHTECH PAYMENT is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about HIGHTECH PAYMENT's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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